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HP INC Director's Dealing 2011

Apr 27, 2011

30213_dirs_2011-04-27_015d6a1c-e3a6-44a5-88db-c81fc7fa96a2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2011-04-25

Reporting Person: REINER GARY M (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-25 Nonemployee Stock Option (Right to Buy) $40.53 A 12940 Acquired 2021-04-25 Common Stock (12940) Direct
2011-04-25 Restricted Stock Units $ A 3393 Acquired Common Stock (3393) Direct

Footnotes

F1: These options were acquired under the Issuer's Amended and Restated 2004 Stock Incentive Plan.

F2: This option will cliff vest and become exercisable beginning on this date.

F3: This option is no longer exercisable beginning on this date.

F4: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F5: On 04/25/11 the reporting person was granted 3,393 restricted stock units ("RSUs"), all of which will cliff vest on 04/25/12. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.